1/11/2008 @ 10:10PM

The Tails of the Curve

For either good or bad, these funds stand out from the rest of the pack.

Here we highlight fund winners and losers over the past 12 months. CGM Focus, a no-load fund managed by veteran Kenneth Heebner, makes big bets on a small number of stocks and scored last year with such picks as
Companhia Vale do Rio Doce
and
Vimpel Communications
. For more data and analysis on CGM Focus and thousands of other funds, including long-term performance grades, overhead expenses and efficiency scores, go to forbes.com/fundsurvey/.